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FedEx, Nike, Trump Media, Lennar, and More
These Stocks Are Moving the Most Today: FedEx, Nike, Constellation Energy, Trump Media, Lennar, and More
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, Nike stock rallies after the company announces CEO John Donahoe will be retiring, and Trump Media shares tumble as selling restrictions on former President Donald Trump expire.
FedEx, Lennar, Trump Media: 3 Stocks In Focus
Brief Hosts Seana Smith and Brad Smith check in on some of the stocks moving most in Friday morning's extended-hours trading. Shares of FedEx (FDX) are plunging after the shipping company slashed its profit and revenue forecasts and missed on its fiscal first quarter earnings estimates.
Stocks to Watch Friday: FedEx, Nike, Trump Media, Mercedes-Benz
Nike shares climbed 6% in premarket trading. The sportwear company said Thursday that John Donahoe would retire as chief executive next month, [capping a five-year tenure](
Top Stock Movers Now: FedEx, Nike, Constellation Energy, and More
Key Takeaways The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal Reserve's rate cut.FedEx shares fell after the package delivery firm missed profit and sales estimates and cut its outlook.
FedEx stock falls
Why Did FedEx Stock Fall 13%?
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, and $4.90, respectively.
Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per share on revenue of $21.6 billion, falling short of Wall Street's consensus estimates for earnings of $4.76 per share on sales of $21.9 billion.
FedEx stock falls as company narrows its full-year forecast
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.
4h
Stock Market Today: Stocks Close Out Fed Week on a Quiet Note
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...
stocknews
3h
3 Transportation Stocks to Buy as Supply Chains Normalize
The prospects of the transportation market appear robust with the upcoming holiday season, infrastructure developments, ...
2h
Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...
Springfield News-Sun
6h
Stock market today: Wall Street hovers around records as FedEx slumps
FedEx dragged on the market with a drop of 13.5% after its profit and revenue for the latest quarter fell short of analysts’ ...
Enid News & Eagle
1d
Stock market today: Wall Street edges back from its records as FedEx slumps
FedEx
dragged on the market with a drop of 14.8% after its ... He points to how much faster stock prices have climbed than ...
3h
on MSN
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
1d
on MSN
These Stocks Moved the Most Today: Nvidia, AMD, Mobileye, First Solar, Tesla, Progyny, Darden, FedEx, and More
Shares of chip makers such as Nvidia and solar stocks rise after the Federal Reserve slashes interest rates, Intel says it ...
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